NOT LISTED FOR SALE

16817 Larch Way Unit F205 Lynnwood, WA 98037

Martha Lake Neighborhood

Estimated Value: $404,000 - $443,000

3 Beds
2 Baths
1,063 Sq Ft
4.69 Acres

Last Sold October 16, 2020

Last sale price $298,000 $280 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,564/month

2 Days on Market

About This Home

As of October 2020

Newly remodeled top-floor, end-unit 3-bed condo near shopping, restaurants, 405 & I-5. New vinyl plank flooring throughout most of the unit, including living room w/ wood fireplace & sliding door that opens to balcony w/ storage. Kitchen has stonecoat countertops & opens to dining space. 3 bedrooms including master bedroom with walk-in closet & full bathroom. Two parking spaces, ideally located by the stairs to the unit. All this + access to the clubhouse w/ indoor pool, hot tub & exercise room.

Last Listed By

Jesse Moore

KW Greater Seattle License #84276 Listed on: 09/03/2020

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1657080

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,893

Year Built

  • Built in 1989

Lot Details

  • 4.69

Parking

  • Uncovered Parking

Home Design

  • Tile Roof
  • Built-Up Roof
  • Wood Composite

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 01032200620500

Community Details

Overview

  • 16 Units
  • Martha Lake Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,893

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Balcony
  • Estimated Sq Ft: 1063

Exterior Features

  • Exterior: Wood Products
  • Roof: Built-Up, Tile

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Uncovered
  • Parking Space Number: 145, 146

Utilities

  • Heating And Cooling: Baseboard, Wall
  • Water Heater: Laundry Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 16
  • Numberof Units In Complex: 100
  • HOA Fees: 385
  • Community Name: Martha Lake
  • Project: Martha's landing
  • Cats And Dogs: Subj To Restrictions
  • Association Contact: Tom Gish Jr. (425) 339-1160 x223
  • Common Property Features: Cable Tv, Dock, Exercise Room, Fire Sprinklers, Hot Tub, Pool-Indoor, Sauna
  • Home Owner Dues Included: Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio, End Unit, Master Bath, Top Floor, Walk-In Closet

Schools

  • Elementary School: Martha Lake ElemMl
  • Middle School: Alderwood Mid
  • High School: Lynnwood High
  • School District: ED

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 01032200620500

Tax Info

  • Tax Amount: 2847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 15, 2020
Sold by
Oyebiyi Fadehan Adebake and Abioye Yetunde Bukola
Bought by
Flanagan Kristen and Flanagan Nicholas
Seller's Agent
Jesse Moore
KW Greater Seattle
Buyer's Agent
Travis Morris
Keller Williams Realty PS
List Price
$290,000
Sold Price
$298,000
Premium/Discount to List
$8,000
2.76%
Total Days on Market
2
Current Estimated Value
$415,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,150
Avg. Annual Appreciation
7.03%
Original Mortgage
$292,602
Outstanding Balance
$264,337
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$143,478

Purchase Details

Closed on
May 11, 2017
Sold by
Oyebiyi Fadehan Adebake
Bought by
Oyebiyi Fadehan Adebake and Abloye Yetunde Bukola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,109
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2013
Sold by
Oyebiyi Ngozi Becky
Bought by
Oyebiyi Fadehan Adebake

Purchase Details

Closed on
Dec 19, 2005
Sold by
Marthas Landing Llc
Bought by
Oyebiyi Fadehan A and Oyebiyi Ngozi B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,160
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flanagan Kristen $298,000 Wfg National Title
Oyebiyi Fadehan Adebake -- Wfg Natl Title
Oyebiyi Fadehan Adebake -- None Available
Oyebiyi Fadehan A $176,450 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flanagan Kristen $292,602
Previous Owner Oyebiyi Fadehan Adebake $159,109
Previous Owner Oyebiyi Fadehan A $20,600
Previous Owner Oyebiyi Fadehan A $187,200
Previous Owner Oyebiyi Fadehan A $141,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $298,000 +2.8% $280 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $290,000 -- $273 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,893 $348,500 $75,000 $273,500
2024 $2,893 $338,500 $73,000 $265,500
2023 $2,583 $313,500 $68,500 $245,000
2022 $2,854 $285,000 $58,000 $227,000
2020 $2,847 $253,000 $50,500 $202,500
2019 $2,564 $226,000 $47,000 $179,000
2018 $2,340 $181,000 $29,500 $151,500
2017 $1,500 $117,000 $27,000 $90,000
2016 $1,416 $110,500 $26,000 $84,500
2015 $1,484 $110,500 $24,000 $86,500
2013 $1,260 $88,000 $24,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1657080

Northwest Multiple Listing Service (NWMLS)

APN: 010322-006-205-00